| 正股股份（股份代号） | HKATS代号 | 合约买卖单位(股) | | --- | --- | --- | | 中国海洋石油有限公司（883） | CNC | 1,000 | | 中国移动有限公司（941） | CHT | 500 | | 中芯国际集成电路制造有限公司（981 ) | SMC | 2,500 | | 友邦保险控股有限公司(1299) | AIA | 1,000 | | 小米集团-W ( 1810 ) | MIU | 1,000 | 人民财讯10月9日电，香港交易所10月9日宣布，将于2025年11月10日起为五只股票期权类别新增每周合约。新推出的每周期权合约将与月度合约互补，为投 资者提供更具弹性及有效的短期风险管理工具。 ...

甄美薇称，港府施政报告针对资本市场改革着墨不少，包括主动提出与港交所、香港证监会推动完善主 板上市机制；审视第二及双重上市具体要求，以作优化及配合时局发展；另外，同股不同权已推出一段 时间，有些人以为会一成不变，但她认为，仍有空间继续推动，包括检视市值是否有优化空间、目前的 创新产业规定是否有放宽空间。资本市场已变成新经济公司很强大的融资平台，但当局亦想吸引一系列 不同公司来港上市。 智通财经APP获悉，香港财库局常任秘书长(财经事务)甄美薇10月6日在立法会会议上表示，今年前9个 月港股日均成交同比升1.26倍，前9个月已有约69只新股上市。当局会继续与港交所一起推动更多海外 发行人来港上市，包括东盟、中东国家，亦会继续推动内地公司回流香港上市。她强调，在简化及宽松 要求时，亦必须确保制度稳健及具质素，有具体方案会再咨询业界。 对于公众持股量的问题，香港财库局局长许正宇表示，目前上市公司公众持股量要求至少25%，资本市 场核心功能是价格发现，有需要维持一定深度及阔度的公众持有量。目前超大型公司来港上市，视乎招 股量及过往审批做法，已可取得豁免，虽然并无明文规定要有多大市值水平，但市场清楚有关做法。 ...

香港交易所的衍生产品市场今年交投非常活跃，首八个月的日均成交量达166万张合约，较去年同期增加13%并创出纪录新高。当中，股票期权为最受欢迎 的产品类别之一，日均成交量达836,627张合约，按年增加29%。 智通财经APP获悉，9月30日，香港交易及结算所有限公司宣布，将于2025年10月13日(星期一)推出泡泡玛特国际集团有限公司(泡泡玛特，股票代号： 09992)股票期权类别。 | | 合約買賣單位 ( 股 ) 200 | | --- | --- | | HKATS代號 POP | | ...

为进一步发展这个市场，在特区政府的统筹下，相关金融监管机构合力拟备了《固定收益及货币市场发 展路线图》，上周由香港证监会与金管局联合发布，围绕债券及货币市场的一级市场发行、二级市场流 动性、离岸人民币业务及新一代金融基建四大方面，提出了十项具体措施，目标是将香港建设成为全球 重要的固定收益及货币产品枢纽。 陈茂波指，新股活跃、资金汇聚以及交投火热，也利好了A股的表现，香港与内地资本市场出现良好的 联动效应。据港交所的统计，自去年9月以来，14家H股在港上市后，其在内地相关的A股日均成交额， 整体涨了28%，其A股股价亦平均上升了15%。可见，更多优质、计划出海的内地企业赴港上市，不但 有助加快其国际业务的布局、增加营收、提升国际知名度和可见度，更可让香港与内地金融市场更好的 相互成就。 这个领域的发展，跟香港多年来强化离岸人民币业务枢纽的发展方向相辅相承。去年，在港发行的人民 币计价"点心债"规模已达1万亿元人民币，较2021年大幅增加约一倍，发行人背景亦日趋多元，反映了 国际市场对资产配置多元化的现实需要，特别是对人民币计价产品的需求。香港会继续通过完善互联互 通机制、提升人民币流动性与产品供应；争取尽快推 ...

Core Viewpoint - Hong Kong Exchanges and Clearing Limited (HKEX) has introduced a new interest rate swap contract based on the one-year Loan Prime Rate (LPR1Y) under the "Northbound Swap Connect" to meet the diverse needs of overseas investors [1][2][3] Group 1: New Financial Instruments - The introduction of LPR1Y-based interest rate swaps aims to enhance the risk management tools available to overseas investors, addressing previous concerns about the lack of liquidity and risk management options in Chinese government bonds [2][3] - On the launch day, 31 domestic and foreign institutions participated, executing 53 trades with a total nominal principal amount of RMB 6.46 billion [2] Group 2: Operational Stability - Since its launch on May 15, 2023, the "Swap Connect" has been operating smoothly, becoming an important channel for overseas institutions to manage RMB interest rate risks [4] - As of August 2025, 82 overseas financial institutions from 15 countries and regions have conducted over 15,000 RMB interest rate swap transactions, totaling approximately RMB 8.15 trillion in nominal principal [4] Group 3: Future Developments - HKEX plans to continue collaborating with regulatory bodies and market participants to enrich the "Swap Connect" product offerings and improve the risk management framework [4] - The maximum term for the existing CNY Non-Deliverable Interest Rate Swap (CNY NDIRS) contracts has been extended from 5.5 years to 11 years to better assist overseas investors in managing interest rate risks [4]

香港衍生工具市场投资者识别码制度将采用与证券市场相类似的模式。根据该模式，提供经纪服务或进 行自营交易的持牌法团及注册机构将需要向中央数据资料库提交客户姓名及身份资料。 9月22日，香港证监会就建议在香港交易所买卖衍生工具市场实施投资者识别码制度展开咨询，以进一 步加强香港资本市场的诚信及可持续发展。此次咨询为期三个月。 适用于证券市场的投资者识别码制度自2023年3月起成功推行。在这基础上，拟议的香港交易所买卖衍 生工具市场投资者识别码制度将涵盖透过香港期货交易所有限公司交易系统买卖的期货合约、期权合约 及股票期权的自动对盘交易指令。 香港证监会市场监察部执行董事梁仲贤先生表示，为配合香港迅速发展的衍生工具市场，并与国际范例 接轨，建议扩展投资者识别码制度，以提升侦测违规行为的能力和加强对投资者的保障，同时香港证监 会亦顾及减轻业界额外的营运负担，该制度的实施将标志着一项重要的进展。他续说，香港提升跨市场 监察能力，将有助促进市场的诚信并提振投资者信心，这两项因素对巩固香港作为国际金融中心的可持 续发展至关重要。 ...

Group 1 - The core viewpoint of the news is that the Hong Kong government’s 2025 policy address aims to enhance the financial and capital markets, with measures expected to solidify Hong Kong's position as a leading global listing venue [1][2] - The Hong Kong Securities and Futures Commission (SFC) believes that the proposed measures to strengthen the stock market and optimize the listing system will reinforce Hong Kong's status as a preferred listing location globally [1] - Suggestions to include Renminbi counters and Real Estate Investment Trusts (REITs) in the Stock Connect program are expected to deepen the connection between Hong Kong and mainland markets [1] Group 2 - The policy address emphasizes the development of fixed income and money markets through initiatives such as promoting bond issuance, establishing a commercial repurchase market, and launching government bond futures [1] - The SFC views these measures as a significant boost for the diversification of Hong Kong's market and its attractiveness to global investors [1] - The SFC Chairman, Huang Tianyou, stated the commitment to consolidating Hong Kong's traditional advantages in financing and connectivity, while pursuing innovation and diversification for future success [2]

Core Insights - The Hong Kong Stock Exchange reported a significant increase in average daily trading volume for the first eight months of the year, reaching HKD 248.3 billion, which is a 132% increase compared to the same period last year [1] Trading Volume Summary - The average daily trading volume in the Hong Kong securities market was HKD 248.3 billion, up from HKD 106.8 billion year-on-year [1] - In the derivatives market, the average daily trading volume for futures and options was 1,660,900 contracts, reflecting a 13% increase from the previous year [1] - The average daily trading volume for stock options was 863,627 contracts, which is a 29% increase year-on-year [1] - The average daily trading volume for stock futures was 8,550 contracts, showing a 10% increase compared to last year [1] - The average daily trading volume for RMB currency futures reached 112,121 contracts, marking a 30% increase from the same period last year [1]

Core Viewpoint - The Hong Kong government is investigating insider trading allegations involving at least two employees from the Hong Kong Stock Exchange (HKEX) and the Securities and Futures Commission (SFC), as well as brokers and influencers [1] Group 1: Investigation Details - The investigation is focused on whether employees from HKEX and SFC disclosed upcoming announcements to traders and others over the past few years, involving dozens of listed companies [1] - Some of the leaked announcements reportedly pertain to privatizations [1] - The investigation has been ongoing for several months, but such inquiries may take years and may not necessarily lead to charges [1]

Group 1 - Hong Kong is positioned to enhance its role as a "super connector" and "super value creator" under the "One Country, Two Systems" framework, facilitating cooperation with Middle Eastern countries for mutual development [1] - The Hong Kong stock market has seen increased interest from Middle Eastern investors, with investments exceeding $1 billion in several newly listed companies, reflecting a trend of diversification in asset allocation [2] - The compound annual growth rate of investments from Saudi Arabia, Kuwait, and Bahrain in Hong Kong securities has reached approximately 17% over the past five years, with total investments increasing to $6.3 billion in 2023 [2] Group 2 - Middle Eastern countries are accelerating infrastructure development and seeking innovative technologies, creating significant opportunities for Hong Kong's startups and professional services, particularly in green technology and smart city initiatives [3] - The number of visitors from Gulf countries to Hong Kong increased by 70% last year, with a further increase of over 50% in the first seven months of this year, indicating growing bilateral trade and cultural exchanges [4] - Hong Kong's bilateral trade with the Gulf region reached HKD 150 billion last year, with an average annual growth rate of about 11% over the past five years [4] Group 3 - The Hong Kong government is actively deepening cooperation with the Middle East, having signed 59 cooperation memorandums and statements during recent trade missions [5] - The establishment of exchange-traded funds (ETFs) tracking both Saudi and Hong Kong markets signifies enhanced financial connectivity between the two regions, with combined market values exceeding HKD 16 billion [5] - A Kazakhstani natural resources company is set to list in Hong Kong, marking the first simultaneous listing on both the Hong Kong Stock Exchange and the Astana International Exchange, highlighting financial collaboration with Central Asia [5] Group 4 - The Hong Kong government plans to continue promoting its advantages and opportunities globally, focusing on multi-layered and multi-field exchanges with emerging markets to create more development opportunities for local enterprises [6]